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Street View
$469,000
Monthly Est:$2,334
7 Beds
- 5 Baths
5 full baths
4,984sqft
514 Wapping St, Frankfort, KY 40601
$469,000
$2,334/moEst:
Get Pre-Approved
Quadruplex
Built in 9999
$-- HOA
0.32 acre lot
$94/sq.ft
Description
100% Occupied! Excellent opportunity to acquire a fully leased four-unit investment property in one of Historic Downtown Frankfort's most desirable neighborhoods. This exceptionally maintained property leased all four apartments at market rents in just four days, demonstrating the strong demand for quality rental housing in this location. Owned by the same family for three generations, the building has benefited from numerous recent capital improvements, including a newer roof, professional exterior painting, updated electrical service, and new water heaters. This is a stable, turnkey investment with no known deferred maintenance. Current gross rental income is $4,810 p...
Continue Reading- Houzeo last checked: 7 minutes ago
- Listing updated: September 16, 2026 at 3:29 pm
- Listing Provided by: Taylor A Marshall (502) 319-2344 | Marshall Lane Real Estate (502) 682-1226
- Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 26005492

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
9999
HOA Fees
-
Finished Area
4,984 sqft
Lot Size
0.32 acre lot
Basement Area
- sqft
MLS Name
Lexington Bluegrass AOR (Imagine) MLS
MLS Number
26005492
MLS Status
Active
Days on Market
100
Cumulative Days on Market
150

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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 5
Interior
Heating
Electric, Natural Gas
Cooling
Central Air, Electric, Multi Units, Window Unit(s)
Construction
Year Built
Year Built: 9999
Home type
Quadruplex
Roof
Dimensional Style
Utilities & Energy
Parking Features
On Site
Other Features
Subdivision Name
Downtown
Price History
| Date | Event | Price |
|---|---|---|
09/02/2026 Source: | Price Decreased | $469,000 -2.09% $94/sqft |
07/06/2026 Source: | Price Increased | $479,000 +2.13% $96/sqft |
06/12/2026 Source: | Listed for Sale | $469,000 -4.09% $94/sqft |
05/25/2026 Source: | Pending | $489,000 -1.61% $98/sqft |
04/29/2026 Source: | Listed for Sale | $497,000 $100/sqft |
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Based on information from the IMAGINE MLS® through Sep 20, 2026, 05:15PM. Copyrighted by the Imagine MLS®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data on this website is deemed reliable but is not guaranteed accurate by the MLS. © 2026 IMAGINE MLS®. All Rights Reserved.
Advertising Broker: Donna Mink | Mink Realty
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